XPO, Inc. (NYSE:XPO) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of XPO, Inc. (NYSE:XPO) have been assigned a consensus rating of “Moderate Buy” from the sixteen research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and fifteen have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $147.31.

XPO has been the subject of several recent research reports. Susquehanna increased their target price on shares of XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a research note on Wednesday, September 18th. Barclays increased their price objective on XPO from $150.00 to $170.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. boosted their target price on XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Citigroup increased their price target on XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, Wells Fargo & Company boosted their price objective on shares of XPO from $119.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st.

Hedge Funds Weigh In On XPO

Several hedge funds and other institutional investors have recently bought and sold shares of the company. ORG Wealth Partners LLC purchased a new position in shares of XPO in the third quarter valued at $25,000. Blue Trust Inc. grew its stake in XPO by 25,800.0% in the 2nd quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 258 shares during the last quarter. Quest Partners LLC purchased a new position in XPO during the 2nd quarter valued at about $28,000. International Assets Investment Management LLC acquired a new position in XPO during the second quarter worth about $36,000. Finally, UMB Bank n.a. lifted its holdings in shares of XPO by 356.6% in the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 353 shares in the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

XPO Price Performance

Shares of NYSE XPO opened at $157.95 on Wednesday. The stock has a market cap of $18.39 billion, a P/E ratio of 51.12, a P/E/G ratio of 2.37 and a beta of 2.08. XPO has a twelve month low of $80.26 and a twelve month high of $161.00. The stock has a 50 day moving average of $138.74 and a two-hundred day moving average of $120.18. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04.

XPO (NYSE:XPO) last released its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. XPO’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.88 EPS. On average, research analysts forecast that XPO will post 3.62 earnings per share for the current year.

XPO Company Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.